Vietnam’s corporate bond issuance remained subdued in February, while a large volume of debt is still set to mature later this year, according to data compiled by the Vietnam Bond Market Association.
Enterprises issued one private placement worth VND 79.5 billion (US$3.0 million) and three public offerings worth VND 3,301 billion (US$125.3 million) during the month.
In the first two months of 2026, private placements reached VND 270 billion (US$10.2 million) while public offerings totalled VND 8,223 billion (US$312.1 million).
Bond redemptions in February amounted to VND 1,749 billion (US$66.4 million), significantly lower than in previous months and the same period last year.
However, the market faces a large maturity pipeline, with VND 194,120 billion (US$7.37 billion) in corporate bonds scheduled to mature during the remainder of 2026.
There were also three announcements of delayed interest or principal payments in February involving VND 490 billion (US$18.6 million).
On the secondary market, the total value of transactions in privately issued corporate bonds reached VND 63,184 billion (US$2.40 billion) in February, averaging VND 4,212 billion (US$159.8 million) per day, down 22.5 percent from January.
Separately, Vingroup’s board has approved a plan to issue US$350 million in international bonds in 2026. The five-year bonds are expected to carry a coupon rate of 5.75 percent per year.